California Public Employees Retirement System Portfolio holdings
The California Public Employees’ Retirement System (CalPERS), established in 1932 and headquartered in Sacramento, California, is the largest public pension fund in the U.S., managing over $510 billion in assets as of late 2024 to provide retirement and health benefits to more than 2 million state and local government employees, retirees, and their families. Operating as a defined benefit plan, CalPERS invests globally across equities, fixed income, real estate, private equity, and infrastructure, guided by a 13-member board and a commitment to sustainable investing and ESG (environmental, social, governance) principles under Chief Investment Officer Ben Meng since 2024. Known for its influential shareholder activism—pushing for corporate governance reforms—CalPERS serves over 3,000 employers, including state agencies and school districts, balancing long-term funding needs with a $100 billion unfunded liability challenge. As a cornerstone of California’s public sector, it blends financial stewardship with a mission to secure retiree livelihoods.
Top Buys
| 1 |
Bristol-Myers Squibb
BMY
|
$319M |
| 2 |
AbbVie
ABBV
|
$240M |
| 3 |
IBM
IBM
|
$102M |
| 4 |
Progressive
PGR
|
$97.4M |
| 5 |
Conagra Brands
CAG
|
$82.3M |
Top Sells
| 1 |
Vanguard S&P 500 ETF
VOO
|
$3.7B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
$3.19B |
| 3 |
Apple
AAPL
|
$367M |
| 4 |
Microsoft
MSFT
|
$324M |
| 5 |
Amazon
AMZN
|
$281M |
Sector Composition
| 1 | Technology | 23.74% |
| 2 | Healthcare | 15.08% |
| 3 | Financials | 12.51% |
| 4 | Consumer Discretionary | 10.06% |
| 5 | Consumer Staples | 8.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1151
Shake Shack
SHAK
$4.03B
| $4.28M | ﹤0.01% |
62,997
-11,512
| -15% | -$782K |
|
1152
Emergent Biosolutions
EBS
$404M
| $4.24M | ﹤0.01% |
103,185
-9,313
| -8% | -$382K |
|
1153
Appian
APPN
$2.26B
| $4.21M | ﹤0.01% |
69,239
-7,188
| -9% | -$437K |
|
1154
Tenable Holdings
TENB
$3.76B
| $4.15M | ﹤0.01% |
+71,801
| New | +$4.15M |
|
1155
Matsons
MATX
$3.36B
| $4.13M | ﹤0.01% |
+34,241
| New | +$4.13M |
|
1156
Cannae Holdings
CNNE
$1.09B
| $4.13M | ﹤0.01% |
172,438
| – | – |
|
1157
Goodyear
GT
$2.43B
| $4.09M | ﹤0.01% |
+286,012
| New | +$4.09M |
|
1158
Qfin Holdings, Inc. American Depositary Shares
QFIN
$3.81B
| $4.07M | ﹤0.01% |
264,230
-12,285
| -4% | -$189K |
|
1159
Commercial Metals
CMC
$6.63B
| $4.06M | ﹤0.01% |
+97,580
| New | +$4.06M |
|
|
JOYY
1160
JOYY Inc. American Depositary Shares
JOYY
$3.21B
| $3.83M | ﹤0.01% |
104,296
-6,029
| -5% | -$221K |
|
1161
CareDx
CDNA
$736M
| $3.74M | ﹤0.01% |
101,176
| – | – |
|
1162
Signet Jewelers
SIG
$3.85B
| $3.74M | ﹤0.01% |
+51,433
| New | +$3.74M |
|
|
SAVE
1163
DELISTED
Spirit Airlines, Inc.
SAVE
| $3.71M | ﹤0.01% |
169,467
+1,888
| +1% | +$41.3K |
|
|
ITCI
1164
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $3.64M | ﹤0.01% |
+59,506
| New | +$3.64M |
|
1165
Autohome
ATHM
$3.39B
| $3.62M | ﹤0.01% |
118,863
-8,232
| -6% | -$250K |
|
|
QVCGA
1166
QVC Group, Inc. Series A Common Stock
QVCGA
$73.3M
| $3.59M | ﹤0.01% |
15,085
-1,461
| -9% | -$348K |
|
|
JKS
1167
JinkoSolar
JKS
$1.32B
| $3.43M | ﹤0.01% |
70,992
-4,729
| -6% | -$228K |
|
1168
Cadence Bank
CADE
$7.04B
| $3.39M | ﹤0.01% |
+115,847
| New | +$3.39M |
|
1169
Broadstone Net Lease
BNL
$3.53B
| $3.37M | ﹤0.01% |
154,612
+571
| +0.4% | +$12.4K |
|
|
RDFN
1170
DELISTED
Redfin
RDFN
| $3.34M | ﹤0.01% |
184,893
-17,498
| -9% | -$316K |
|
1171
Canadian Solar
CSIQ
$748M
| $3.27M | ﹤0.01% |
92,505
-6,154
| -6% | -$218K |
|
1172
Old National Bancorp
ONB
$8.94B
| $3.26M | ﹤0.01% |
+198,959
| New | +$3.26M |
|
1173
New Oriental
EDU
$7.98B
| $3.13M | ﹤0.01% |
271,880
-10,478
| -4% | -$121K |
|
1174
Fastly
FSLY
$1.1B
| $3M | ﹤0.01% |
172,735
-23,082
| -12% | -$401K |
|
1175
Bentley Systems
BSY
$16.3B
| $2.98M | ﹤0.01% |
+67,371
| New | +$2.98M |
|